Medley Capital Corp. Declares Quarterly Dividend of $0.37 (MCC)
Medley Capital Corp. (NYSE:MCC) announced a quarterly dividend on Thursday, February 6th, AmericanBankingNews.com reports. Shareholders of record on Wednesday, February 26th will be paid a dividend of 0.37 per share on Friday, March 14th. This represents a $1.48 annualized dividend and a dividend yield of 10.83%.
Medley Capital Corp. (NYSE:MCC) traded up 1.56% on Thursday, hitting $13.66. 763,793 shares of the company’s stock traded hands. Medley Capital Corp. has a one year low of $12.82 and a one year high of $16.25. The stock has a 50-day moving average of $14.09 and a 200-day moving average of $13.97. The company has a market cap of $548.5 million and a P/E ratio of 10.32.
Medley Capital Corp. (NYSE:MCC) last posted its quarterly earnings results on Friday, February 7th. The company reported $0.42 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.38 by $0.04. During the same quarter in the previous year, the company posted $0.39 earnings per share. Analysts expect that Medley Capital Corp. will post $1.57 EPS for the current fiscal year.
Medley Capital Corporation, formerly Medley Capital BDC LLC, is a non-diversified, closed-end management investment company.
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